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Showing posts with label Manny Pacquaio. Show all posts
Showing posts with label Manny Pacquaio. Show all posts

Tuesday, December 24, 2013

LOL: Floyd Mayweather Clowns Manny Pacquaio With Christmas Card (Instagram Pic)


 
Floyd took to Twitter to send out his Christmas cheer in the form of an “ethering” holiday Christmas card aimed at Manny Pacquiao. As many have in the past, Floyd created a funny meme collage of himself and Pacquiao, and used the infamous picture of Pacman asleep after being hit with a monstrous right hand from Marquez as a part of the collage.
 
 
 
 


Monday, December 9, 2013

WBC Ranks Pacquiao No.1 at 147, Boxes Mayweather Into Corner

The World Boxing Council has pushed Manny Pacquiao to their No.1 spot in the welterweight rankings this month despite the fact that Pacquiao wasn't even ranked in WBC's top 15 before that. It looks like the WBC is trying to set it up to where Mayweather will have to fight Pacquiao if he wants to keep the WBC 147 lb. title.

 
 
According to boxingnews247:
 
By pushing Pacquiao to the top spot, it’s going to give Mayweather a choice – either to fight Pacquiao or vacate the WBC’s 147 lb. title.

Pacquiao replaced Luis Carlos Abregu at #1. He was ranked at the top for a while, but Mayweather showed zero interest in fighting him. It’s unclear why the WBC ranked Abregu at the number 1 because he doesn’t have any wins over really quality opponents on his resume, and when he did step it up a little against Tim Bradley, he was beaten in 2010.

Abregu slides down to #2 in the WBC’s rankings. They might as well slide him down another 10 spots, because Mayweather will never fight this guy and if the WBC tries to force it, he’ll vacate rather than waste a valuable fight against a guy that no one wants to see him fight.

Amir Khan goes from #2 to #3 in the WBC rankings, but unlike Abregu and Pacquiao, he actually has a good chance of getting a fight against Mayweather.

Sanctioning bodies can control fights that take place with lesser fighters by ranking them high and putting them in position for a title fight by making them mandatory challengers. But the WBC – or any sanctioning body – can’t force Mayweather to defend their titles against the guys they want him to, because he’ll just vacate the title if they try and play hardball with it.

The WBC is probably better off having Mayweather as their champion right now rather than Pacquiao, because Mayweather is fighting at a really high level, and he’s not someone that can lose from fight to fight depending on who he’s facing. With Pacquiao, you put him in with a fighter that’s not a stiff, he could very well lose. He does well against guys that are slow and hittable like Brandon Rios, but Juan Manuel Marquez has got his number, and Tim Bradley will likely beat him again when and if that fight is made in the future.

 


Do you still want to even see this fight?

Thursday, November 28, 2013

Manny Pacquaio Is BROKE . . .Owes $50M In Back Taxes!!!

Philippines authorities demanded Wednesday that boxing great Manny Pacquiao pay a $50 million tax bill or risk having assets seized, but the national hero vowed to take the fight to court.

 
 
Reports Yahoo Sports:
 
 
The battle between one of the best boxers in history and the taxman has shocked his army of fans in the Philippines, emerging just days after a comeback win in the ring was hailed as a moment of hope amid the aftermath of a deadly typhoon.

Pacquiao disclosed Tuesday the Bureau of Internal Revenue wanted 2.2 billion pesos ($50.2 million) for alleged unpaid taxes in 2008 and 2009, when he was at the peak of his career and one of the world’s highest-earning athletes.

Pacquiao, 34, insisted he had paid his taxes in the United States, and so did not need to do so in the Philippines because the two countries have an agreement allowing their citizens to avoid double taxation.

But tax commissioner Kim Henares, who has spearheaded a high-profile campaign against tax evasion in the Philippines, stood firm on Wednesday, saying Pacquiao had failed for two years to provide documents proving his US payments.
“2.2 billion (pesos) is what Pacquiao owes now because of surcharges and interest,” Henares said on ABS-CBN television.

Henares said the tax bill may be cut if Pacquiao did provide certified documents proving he paid the US Internal Revenue Service.

“What we want is evidence that he (Pacquiao) actually paid the tax.”
But she said that even if he had paid the 30 percent tax rate in the United States, there would still be extra charges due in the Philippines because it had a higher rate of 32 percent.

The tax office has frozen his bank accounts in the Philippines, which Pacquiao said had left him financially paralysed.
Henares said the tax office could eventually take the money owed by stripping him of his assets.

She said the tax office had already placed a “lien” on a Pacquiao property, worth millions of dollars, in one of Manila’s most exclusive gated communities.
A lien is a form of security which allows the tax office to take back money it is owed, via lease payments or sale of the property.

Pacquiao went on a publicity blitz on Tuesday night, appearing on all the major domestic television networks, to insist on his innocence and brand the tax office’s actions “harassment”.

“I am not a criminal or a thief. I am not hiding anything. I will face my problems as they come,” Pacquiao said.

Pacquiao’s American promoter Bob Arum also released a statement saying his Top Rank firm had paid the 30 percent taxes directly to the US Internal Revenue Service, and certified paperwork to show proof would be available “very soon”.

But Pacquiao’s Manila lawyer told AFP on Wednesday that he would not give the tax office those documents, preferring instead to fight the issue in court.
“This is no longer within the jurisdiction of the BIR (Bureau of Internal Revenue),” lawyer Tranquil Salvador said.

“The tax case is now with the court of tax appeals. We do not have to submit anything to the BIR.” A court hearing has been set for December 5.